Party coffers ready to welcome the euro

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THE Tories finally accepted the euro yesterday, in an attempt to bolster their own funds. Sir Stanley Kalms, the party treasurer, appealed to delegates for cash saying: “We don’t like it, but we will even accept euros.”

Sir Stanley, the chairman of the Dixons electrical chain, which also accepts euros, made his comments as buckets were passed around the conference hall to collect donations.

According to annual accounts last month, the Conservatives recorded a loss of £1.6 million last year. That is still modest compared with Labour, which had an operating deficit of £9 million over the same period. The